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Outcome 1 - Effectively managed and shaped systems that support and fund services for Australians and give effect to social and economic policy through the tax system
The Government has agreed to provide additional funding to the ATO of $107.5 million due to significant increases in non-GST transactional, lodgement, debt and enquiry workloads flowing from the New Tax System. Without the additional funding, compliance and other service activities would have been reduced to unsustainable levels, so as to allow re-direction of resources to meet this increase in operational demand.
The Government has agreed to provide $7.455 million to the ATO to allow individuals who hold or have held a temporary residence visa and have departed Australia to access their superannuation benefits prior to reaching preservation age, subject to withholding of tax concessions provided to the benefits.
The Government has agreed to provide $7.235 million in departmental outputs and $2.675 million as an equity injection for the First Child Tax Refund.
The First Child Tax Refund will repay to parents caring for their first child born after 1 July 2001 the income tax they paid in the year of, or the year prior to the birth of the child. It will be repaid over five years. The payment will be capped at $2,500 per year and there will be a minimum payment of $500 per year for those on incomes up to $25,000.
The equity injection will allow the ATO to fund enhancement work to its business systems.
Map 2: Outcomes and output groups for the agency
Table 1.1: Summary of measures since the 2001-02 Budget
Table 1.2: Appropriation Bill (No. 3) 2001-02
Table 1.3: Appropriation Bill (No. 4) 2001-02
Table 1.4: Average staffing level (ASL)
Table 1.5: Changes to net annotated appropriations (Section 31) receipts
